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Nutrients and pesticides are prevalent causes of water pollution. From an economic perspective, examine why more has not been done to control agricultural runoff, the major source of these contaminants.
Microeconomics, Economics
Question: PLEASE FOLLOW DIRECTIONS AND LABEL ANSWERS!!!!! Suppose that a firm's production function is given by q = 20E0.50 .The marginal product of labor is 10/E0.50. The market wage for whites is $15, and the market wa ...
Question: Vietnam and Columbia both produce coffee. Vietnam's currency is called the Dong (VND) and Columbia's currency is called the peso (COP). In Vietnam, coffee sells for 5,000 VND per pound of coffee. The exchange r ...
Question: Market price is $50. The firm's marginal cost curve is given by MC = 10 + 2Q. a. Find the profit-maximizing output for the firm. b. At this output, is the firm making a profit? Explain your answer. The response ...
Question: An economic consultant studies the labor policies of a firm where it is difficult to monitor workers and prepares a report in which she recommends that the firm raise employee wages. At a meeting of the firm's ...
Question: Write a thorough analysis of unemployment, defining the various types of unemployment, full employment, and the natural rate of unemployment. Describe the impact of unemployment on the economy and your solution ...
Question: Write in about 3 paragraphs regarding your impression of the market model (pure competition, pure monopoly, oligopoly, or monopolistic)you feel the newly formed company fits into.(Black and Decker and Stanley W ...
Question: What is the present value of an investment that could make 10% per year interest over 5 years, and would be worth $59,000 after 5 years? The response must be typed, single spaced, must be in times new roman fon ...
Question: 1. Consider the following utility function and corresponding marginal rate of substitution for consumption, C and leisure, and L: U = CL square ( just the L is square, the C is normal) and MRS = - L/2C . The co ...
Question: Two firms share a building. Guards patrolling the building protect both the stores. The jewelrystore's demand curve for guards is strictly greater at all prices than that of the hat store. Themarginal cost of a ...
Question: Describe the Learned Hand Rule, and discuss the economic logic underlying it. Do you believe the objective is being achieved? The response must be typed, single spaced, must be in times new roman font (size 12) ...
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